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INDONESIA
Journal The Winners
ISSN : 1412121     EISSN : 25412388     DOI : -
Core Subject : Social,
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Articles 8 Documents
Search results for , issue "Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012" : 8 Documents clear
Silver Entrepreneurship Agenda in Malaysia: A Proposed Model for Productive Aging Aizzat Mohd Nasurdin; Hasliza Abdul Halim; Pishen Seet
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.662

Abstract

This paper aims at proposing a framework for productive aging among those aged 45-plus or retiree via entrepreneurial initiatives, known as ‘silver entrepreneurs’. Evidence has shown that the number of Malaysians aged population is estimated to be more than 1.4 million and is projected to increase to 3.3 million in the year 2020 (Mafauzy, 2000). It is acknowledged that a group of these will comprise of professionals who are aged 45-plus and retirees with relevant industry experience as well as knowledge and well-established networks built up over their working careers which will enable them to effectively identify entrepreneurial opportunities and secure resources efficiently to exploit them. However, there is little research on and understanding of what drives these ‘silver entrepreneurs’, with most of the research, focussed on entrepreneurial ventures started by 18-35 year-olds.  This means that policy-makers are ill-equipped to develop specific measures that will assist retirees into a second or sunset career in entrepreneurship.  This research aims to bridge the gap by assessing the profile and motivations of silver entrepreneurs in Malaysia with a specific focus on understanding the internal and external factors that affect their intentions to start new ventures as well as factors that affect the success and growth of these ventures. 
Ethical Orientation and Personal Benefit in Insider Trading Sekar Akrom Faradiza; Ratna Listiana Dewanti
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.663

Abstract

Most of people think insider trading is an unfair activity because the parties that involved have unequal information. In a certain condition, unequal information used in a transaction is a fraud. The BAPEPAM’s act have regulated that insider trading is illegal. Nevertheless it is not easy to bring perpetrators to the court due to some difficulties to prove. Insider trading is motivated by self attentiveness or personal advantage. However, ethical orientation can mitigate insider trading because it can mediate personal benefit. Through a survey administrated to the students, this study would like to examine how ethical orientation can prevent insider trading. Using multiple regressions, this study found that ethical orientation could not mediate the effect of personal benefit to perpetrators behavior of insider trading. Therefore, we concluded that it is important to give ethical education as soon as possible to all the people to prevent unethical behavior like insider trading.
A Study of Accountant Required Skills to Have Efficient Participation in the Implementation of XBRL Heshmatolah Asadizeidabadi
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.664

Abstract

The role of the accountants in a business environment has been evolving over the years. Accountants need to have the implementation and maintenance skills of XBRL (extensible business reporting language) which is revolutionizing business reporting around the world, in the organization.  The present study encompasses two aspects. First, it addresses the role of the accountant during the implementation and maintenance phase. Second, it finds the characteristics and skills of accountants that can help them in a successful implementation and maintenance of XBRL. In order to collect the data a questionnaire has been used. To analyze data two statistical methods, Regression and Pearson correlation have been used. The results of the study confirm that there is a significant relationship between the participation of accountants and successful implementation of XBRL.
Penerapan Model Transportasi dan Decision Tree pada Distribusi Barang Arlita Armanto; Haryadi Sarjono
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.665

Abstract

Goods distribution has a firm connection with transportation cost. Transportation method used by a company will cause great impact on company’s profit. If company’s profit can be maximal, the company will be able to develop its business even greater. Some problem solution steps proposed were: determining optimum criteria, developing alternative solution, developing optimum model, and  practicing chosen implicative planning solution. These steps were implemented to obtain optimum goods distribution cost to gain maximum profit.  This research resulted in that the distribution cost for goods implemented by current method in the company has been already optimum. Then for the following development, Decision Tree Method was used, where the results are: shipping to Yogyakarta using Sinar Aji transportation service with minimum EMV Rp.2.993.342; shipping to Salatiga using own car with EMV Rp.2.659.388; shipping to Purwokerto using Sinar Aji transportation service with EMV Rp.2.563.859; shipping to Cirebon using Sinar Aji transportaion service with EMV Rp.2.443.792; shipping to Semarang using Sinar Aji transportation service with EMV Rp.4.203.489. As the conclusion, goods shipping method which has been implemented by the company until now is optimum so it still can be used for any following business development as well as provides an iluustrative plan for the company.
Pecking Order Theory and Trade-Off Theory of Capital Structure: Evidence from Indonesian Stock Exchange Priska Ralna Eunike Culata; Tri Gunarsih
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.666

Abstract

Numerous empirical studies in the finance field have tested many theories for firms’ capital structure. The pecking order theory and the trade-off theory of capital structure is among the most influential theories of firms’ capital structure. The trade-off theory predicts optimal capital structure, while the pecking order theory does not predict an optimal capital structure. According to pecking order theory,  the order of financial sources used is the source of internal funds from profits, short-term securities, debt, preferred stock and common stock last. The main objective of this study is to econometrically test whether the listed companies in Indonesian Stock Exchange follow the pecking order theory or the trade-off theory. Samples in this study are public companies listed during 2009-2010. The research questions are tested by running regression models.  The empirical result of this study shows that the pecking order theory is not supported, while the trade-off theory is supported. This suggests that the capital structure of listed companies in Indonesian Stock Exchange is financed based on optimal capital structure, not by the order financial resources.
Transforming Malaysia Towards an Innovation-Led Economy By Leveraging on Innovative Human Capital Hasliza Abdul Halim; Noor Hazlina Ahmad
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.667

Abstract

Fostering “pioneering minds” is extremely important especially in the effort to shift Malaysia towards an innovation-led economy. The Malaysian government is confident of achieving this transformation agenda provided that the human capital is leveraged in ensuring innovation at the highest level.  The primary aim of this research is to investigate the predictors that could nurture the “pioneering minds” by exploring the innovative performance of human capital from the perspective of social embedment and pro-innovativeness organisational architecture which could subsequently lead to excellent organisational performance. This research contributes to the existing literature on human capital and innovation by having better understanding on the specific factors that nurture the “pioneering minds” which are crucial for innovative performance.
Enhancing Netizen As A Digital Marketing Activity Toward Strategic Branding: A Case Study of “XYZ” Brand Nila Krisnawati Hidayat; Rudy Tobing
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.668

Abstract

This study is focused on the role of netizen in digital marketing activities to attempt the development of strategic brand of “XYZ”. The purpose of this study to identify whether netizen as users have recognize the “XYZ” brand as a product of internet mobile, through four variables of brand performances: delivery message, creative advertisement, product understanding, and brand association. It is also to measure users’ level of awareness to the website of “murah itu XYZ”. The research methodology applied in this study is descriptive quantitative study  using Likert scale. The result shows that the highest level of brand performance is not only from delivery message, but it also indicates that netizen have recognized the “XYZ” as internet mobile under the activity of digital marketing. In addition, users are not aware yet to the website of “murah itu XYZ”. The content of the mobile advertising should be increased in the near future.
Antecedents of Organizational Citizenship Behavior Analysis and its Impact Toward Organizational Effectiveness on A Fruit Ice Cream Manufacture Annetta Gunawan; Natalia Natalia
The Winners Vol. 13 No. 1 (2012): The Winners Vol. 13 No. 1 2012
Publisher : Bina Nusantara University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21512/tw.v13i1.669

Abstract

To achieve organizational effectiveness, every company needs not only qualified human resources, but also employees who perform organizational citizenship behavior (OCB), which is influenced by individual internal factor i.e. big five personality and its external factor i.e. job satisfaction and organizational commitment. PT Harapan Surya Lestari also needs employees with high OCB level to maintain the sustainability of the company. The purpose of this research is to analyse the effects of big five personality, job satisfaction, and organizational commitment of the employees to organizational citizenship behavior and its impact toward organizational effectiveness on PT Harapan Surya Lestari (HSL). The method used in the research is Path Analysis. The data is obtained from questionnaire disseminated to all the employees of PT HSL in order to measure the level of big five personality, job satisfaction, and organizational commitment of the employees and organizational effectiveness from the perception of each employee, using likert scale. Results from the data analysis obtained structural equations Y = 0,240 X1 + 0,166 X2 + 0,502 X3 + 0,6671 ε1  where simultaneously big five personality, job satisfaction, and organizational commitment contribute significantly to organizational citizenship behavior of 55,5% and Z = 0,461 X2 + 0,374 Y + 0,6921 ε2  where simultaneously job satisfaction and organizational commitment contribute significantly to organizational effectiveness of 52,1%.

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